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- 🚨Trade war 2.0 intensifies
🚨Trade war 2.0 intensifies
President Donald Trump announced 25% tariffs on all cars made outside the US
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Yesterday President Trump announced 25% tariffs on all cars made outside the United States. New levies will take effect on April 3.
To put this into perspective, 16 million cars are sold every year in the US of which 46% or 7.4M are imported.

Moreover, the US imported $474 billion in automotive products in 2024 with nearly half coming from Mexico, Japan, South Korea, Canada, and Germany.

What is the purpose of repeatedly imposing tariffs? What this entire trade war could really mean for the US and the world financial markets? Read the full analysis below.
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